Both firms, and many more, have been sued by employees in class action lawsuits over the PRT deals made with insurance ...

Related: Corporations are chugging ahead on deals to offload pension liabilities. Lawsuits aren't slowing them down.

The lawsuit alleges that Lockheed Martin used underperforming target-date funds with high fees in its 401(k) plans for the company’s own benefit. Lockheed Martin Corporation and its subsidiary ...

Lockheed Martin on Monday said the U.S. Army had awarded it a contract worth up to $4.94 billion to produce Precision Strike ...

A lawsuit against Lockheed Martin over pension risk transfers it conducted with Athene will continue, whereas a similar lawsuit against Alcoa Corp. was dismissed.

$2.1 billion in the bargaining plan and $267 million in the capital plan – filed a proposed class action lawsuit, Fezer et al v. Lockheed Martin Corporation et al, in the U.S. District Court of ...

plans’ assets,” the lawsuit said. Plaintiffs accused Lockheed Martin of violating ERISA’s duty of prudence, due to the allegedly poor investment performance, and the duty of loyalty ...

Lockheed Martin announced Monday that the U.S. Army had awarded it a contract worth nearly $5 billion to produce its next-generation long-range precision strike missile. The contract is worth up ...

The litigation push against companies that use annuities to remove workers from their pension plans intensified over the past week, as judges reached opposite conclusions in cases against Alcoa USA ...

Fort Worth-based Lockheed Martin Corp. is set to receive billions of dollars in defense contracts as the company announced it fully stocked Norway with a fleet of F-35 fighter jets. The company ...

Image source: Getty Images. With the uneven results from the other core segments, the 2024 adjusted earnings per share (EPS) of $27.99 increased by just 1.6% compared to 2023. For 2025, Lockheed ...

Lockheed Martin has been part of all NASA Mars missions to date and it has been part of every single sample return mission to date. And, with the Mars Sample Return mission on the horizon ...